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AirAsia Receives Signed US$1 Bln Financing Term Sheet From Middle East

KUALA LUMPUR, Sept 18 (Bernama) -- AirAsia Group Bhd has received a signed term sheet for US$1 billion (US$1=RM4.10) in financing from the Middle East but is holding off on accepting it as the group seeks the best deal, said co-founder and adviser Tan Sri Tony Fernandes.

Medisca Launches Global Peptide Division To Expand API-Grade Access

KUALA LUMPUR, Sept 18 (Bernama) -- Medisca has launched Medisca Peptides, a global division focused on expanding access to active pharmaceutical ingredient (API)-grade peptides and developing an integrated peptide platform for pharmaceutical and personalised medicine markets.

Labuan IBFC, TRX City To Advance ‘1 Ecosystem, 2 IFCs’ Vision

KUALA LUMPUR, Sept 18 (Bernama) -- Labuan IBFC Incorporated Sdn Bhd and TRX City Sdn Bhd will strengthen collaboration between the two international financial centres (IFCs) and advance the shared vision of “1 Ecosystem, 2 IFCs”.

AirAsia Anticipates Jet Fuel At US$160-US$190 Per Barrel, May Reprice Fares If Prices Surge

KUALA LUMPUR, Sept 18 (Bernama) -- AirAsia Group Bhd currently anticipates jet-fuel prices of between US$160 and US$190 per barrel and may reprice airfares again should prices rise to US$250 per barrel, said co-founder and adviser Tan Sri Tony Fernandes.

Beacon Accelerates AI Deployment With Haize Labs Acquisition

KUALA LUMPUR, Sept 18 (Bernama) -- Beacon Software (Beacon), the first centralised artificial intelligence (AI) holding company, has acquired Haize Labs, an AI reliability company testing and safeguarding AI agents for real-world deployment.

Budget 2027: Mga Calls For Incentives To Promote Malaysia Gold Products Globally

KUALA LUMPUR, Sept 18 (Bernama) – The Malaysia Gold Association (MGA) is calling for greater government support to promote Malaysian gold products in international markets.

Sabah's Gas Supply Expected To Nearly Double By 2030 - Hajiji

KOTA KINABALU, Sept 18 (Bernama) -- Sabah's gas supply is expected to almost double to 1,350 million standard cubic feet per day (mmscfd) by 2030 compared to 700 mmscfd currently following the implementation of seven offshore development projects including four new gas fields.

No Govt Bailout Discussions For AirAsia -- Tony Fernandes

KUALA LUMPUR, Sept 18 (Bernama) -- AirAsia Group Bhd has not had any discussions with the government over a bailout and remains confident in its liquidity and business sustainability, said co-founder and adviser Tan Sri Tony Fernandes.

MOTAC, MGA Explore Collaboration To Produce Malaysia-themed Gold Products

KUALA LUMPUR, Sept 18 (Bernama) -- The Ministry of Tourism, Arts and Culture (MOTAC) is exploring opportunities to collaborate with the Malaysia Gold Association (MGA) to produce Malaysia-themed gold products to promote the country’s identity.

Penang Eyes Regional Partial Homeport Role For Swettenham Pier, Says Can Handle 12,000 Passengers

GEORGE TOWN, Sept 18 (Bernama) -- Penang is positioning Swettenham Pier for a bigger role in the regional cruise network, with the terminal now capable of accommodating two quantum-sized cruise ships simultaneously and up to 12,000 passengers.

Bursa Malaysia’s Key Index ends Morning Session Lower Amid Cautious Sentiment

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia’s key index saw interspersed buying and selling before ending the morning session in the red, as sentiment was cautious due to the Federal Reserve’s hawkish stance, elevated United States Treasury yields and persistent foreign selling.

Exports Of Sarawak's Timber, Timber-based Products Reach RM1.16 Bln As Of June

KUCHING, Sept 18  (Bernama) -- The export value of timber and timber-based products from Sarawak is estimated to have reached RM1.16 billion as of June this year, said Sarawak Timber Industry Development Corporation (Pusaka) general manager Datuk Zainal Abidin Abdullah.